SteveDude
newbie
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- Sep 16, 2018
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- Resorts Owned
- Club Wyndham Access
We recently went to a CWA sales meeting and learned about renting units to help offset some of the maintenance fees. Basically, we were told to buy units for weekends that will be in high demand, send the information to ExtraHolidays.com (where they keep 40%), and then wait for some money to come in the mail. We made several reservations on the Wyndham website and now are just waiting for our units to be rented.
Because we are new to this, I am still unsure what is the best process.
1. What are good weekends? I found several cities with music festivals or Mardi Gras or NASCAR weekends. Are these good? What are some other events that draws in a large crowd where people will rent a condo unit?
2. If you use ExtraHolidays, about how long does it take for the unit to be rented? Do you need to make reservations 6+ months in advance for the unit to be rented? Does ExtraHolidays rent on a first-come, first-rented policy or is it just luck on the order that the unit is rented?
3. The salesman said to use ExtraHolidays. However, it also hinted that there are other sites that will rent the units at a better rate. We like that ExtraHolidays takes care of all the legal stuff about renting units, but there must be some competitors. What sites do people use to rent their units?
Because we are new to this, I am still unsure what is the best process.
1. What are good weekends? I found several cities with music festivals or Mardi Gras or NASCAR weekends. Are these good? What are some other events that draws in a large crowd where people will rent a condo unit?
2. If you use ExtraHolidays, about how long does it take for the unit to be rented? Do you need to make reservations 6+ months in advance for the unit to be rented? Does ExtraHolidays rent on a first-come, first-rented policy or is it just luck on the order that the unit is rented?
3. The salesman said to use ExtraHolidays. However, it also hinted that there are other sites that will rent the units at a better rate. We like that ExtraHolidays takes care of all the legal stuff about renting units, but there must be some competitors. What sites do people use to rent their units?